Ivory Coast says it can help farmers escape poverty by demanding cocoa buyers pay a premium known as the living income differential, which is about $400 a ton of cocoa. But in practice, most buyers have one where another avoided paying a higher price partly because they've managed to negotiate down another part of the price. Part of what seems to be happening is that big cocoa processes have tried to source more cocoa from outside of Ivory Coast and Ghana.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode